#MarketPullback Bitcoin fell on Monday, tracking a broader decline in stock markets as tariff threats from US President Donald Trump dented risk appetite and tech stocks were hit by volatility over a groundbreaking new artificial intelligence proposal from China.
Bitcoin remained under pressure from continued uncertainty over what Trump’s policies on cryptocurrency will mean after the president announced new, albeit vague, plans to develop a regulatory framework for the industry.
Risk appetite was also pressured by expectations of a Federal Reserve meeting this week, at which the central bank is expected to hold interest rates and strike at will.
Broader risk markets fell in Asian trading, with tech stocks under pressure from DeepSeek, which recently released an artificial intelligence program that it said matched rivals like ChatGPT in performance at a fraction of the cost. The stock's losses appear to have spilled over into cryptocurrency.